Kingfisher Airlines (Delisted) share news and announcements
BSE: 532747
Formerly Deccan Aviation
Last traded ₹1.30 on 22 Jun 2015
Delisted on 11 May 2018.
Kingfisher Airlines share news and announcements
517 announcements, routine notices left out, newest first. Page 11 of 11.
May 2007
31 May · Business
Board of Directors at the Meeting held on May 31, 2007, amongst other things, considered, approved and authorized in principle, the preferential allotment issue of upto 35,222,231 Equity Shares of Rs. 10/- each at a price of Rs. 155/- which shall be 26% of post issue capital to members of the United Breweries Group on preferential basis subject to approval of the Members. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.25 May · Limited Review Report
Auditor's have conducted the limited review of the unaudited financial results for the quarter ended March 31, 2007. A copy of the Limited Review Report and the clarification made by the Company in respect of the observations in the limited review report shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements). For more details click here.
Apr 2007
27 Apr · Utilisation of Funds
Details of the Net IPO proceeds are as stated below:- Particulars: (A) Setting up a training centre; Utilisation as projected in the Prospectus (Rs.in lakhs): 6567; Actual as on March 31, 2007 (Rs.in lakhs): 0 (B) Setting up a hangar facility for basic and medium level maintenance checks at Chennai; Utilisation as projected in the Prospectus (Rs.in lakhs): 4002; Actual as on March 31, 2007 (Rs.in lakhs): 355 (C) Setting up infrastructure at airports; Utilisation as projected in the Prospectus (Rs.in lakhs): 1708; Actual as on March 31, 2007 (Rs.in lakhs): 541 (D) Market Development Intiatives; Utilisation as projected in the Prospectus (Rs.in lakhs): 4522; Actual as on March 31, 2007 (Rs.in lakhs): 2307 (E) Debt Repayment; Utilisation as projected in the Prospectus (Rs.in lakhs): 13275; Actual as on March 31, 2007 (Rs.in lakhs): 4724 (F) General Corporate Purposes; Utilisation as projected in the Prospectus (Rs.in lakhs): 4195; Actual as on March 31, 2007 (Rs.in lakhs): 9297 (G) Issue expenses; Utilisation as projected in the Prospectus (Rs.in lakhs): 2059; Actual as on March 31, 2007 (Rs.in lakhs): 2078. Total: Utilisation as projected in the Prospectus (Rs.in lakhs): 36328; Actual as on March 31, 2007 (Rs.in lakhs): 19301. In view of certain identified and realised savings in certain items of planned uses of the IPO proceeds, the resultant savings have been transferred to General Corporate Purposes. Pending utilisation as at March 31, 2007, balance funds have been placed in term deposits with banks.26 Apr · Formation of a subsidiary
Board of Directors at the meeting held on April 26, 2007, amongst other things, considered and approved in principle, subject to approval of the Shareholders the following: (1) hiving off the Charter Services into a separate entity through a wholly owned subsidiary and formation of a Company for the same. (2) transfer of the Maintenance and Repair Facility into a separate entity and formation of a Company for the same.19 Apr · News Verification
News Verification : The media had reports that potential investors have been carrying out a due diligence for a stake in Deccan Aviation Limited and Reliance-ADAG group has bid for 26% stake in the company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Deccan Aviation Limited has vide its letter inter-alia stated,"The Company has mandated an Investment Banker - Edelweiss Capital for raising US $50- US $100 million for funding growth plans. Several Investors have evinced interest. The Company along with the said Investment Banker are evaluating multiple options with the objective of building robust infrastructure and maximizing shareholders value. Any such Investment in the Company is subject to approval of the shareholders of the Company and applicable Regulatory approvals."19 Apr · News Verification
News Verification : The media had reports that potential investors have been carrying out a due diligence for a stake in Deccan Aviation Limited and Reliance-ADAG group has bid for 26% stake in the company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Deccan Aviation Limited.12 Apr · Board meeting
Meeting on 26 Apr 2007: “Unaudited Financial Results for the Qtr ended March 31, 2007”3 Apr · Allotment of shares
At the meeting of the Committee of Directors of the Company held on 31st March 2007, 102240 equity shares of the company were alloted to the employees on account of conversion of Stock options under ESOP - 2005
Mar 2007
6 Mar · Miscellaneous
The Company has completed migration to a new Computerised Reservation System (CRS)6 Mar · Limited Review Report
Auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2006. A copy of the Limited Review Report and the clarification made by the Company in respect of the observations in the limited review report shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements). For more details click here.
Feb 2007
15 Feb · Management
Mr. Ramki Sundaram has been appointed as Chief Financial Officer of the Company with effect from 09th February, 2007.13 Feb · News Verification
News Verification : The media had reports on February 10, 2007 that Deccan Aviation Limited plans to spin off its helicopter business into a seperate company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Deccan Aviation Limited. has vide its letter inter-alia stated, "The proposal relating to the Helicopter Charter Services of the Company is yet under consideration of Board of Directors of the Company. Further, any such proposal is subject to the approval of the Shareholders of the Company and other approvals."12 Feb · News Verification
News Verification : The media had reports on February 10, 2007 that Deccan Aviation Limited plans to spin off its helicopter business into a seperate company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Deccan Aviation Limited.2 Feb · Management
Mr. M G Mohan Kumar, Director-Finance has resigned from the Board of Directors of the Company with effect from the close of business hours today i.e. 31st January, 2007
Jan 2007
31 Jan · Utilisation of Funds
The details of the Net IPO proceeds are as stated below :- Particulars :- (A) Setting up a training centre; Utilisation as projected in the Prospectus (Rs. in lakhs) :- 6567; Actual as on 31st December 2006 (Rs. in lakhs) :- 0, (B) Setting up a hangar facility for basic and medium level maintenance checks at Chennai; Utilisation as projected in the Prospectus (Rs. in lakhs) :- 4002; Actual as on 31st December 2006 (Rs. in lakhs) :- 264, (C) Setting up infrastructure at airports; Utilisation as projected in the Prospectus (Rs. in lakhs) :- 1708; Actual as on 31st December 2006 (Rs. in lakhs) :- 101, (D) Market Development Intiatives; Utilisation as projected in the Prospectus (Rs. in lakhs) :- 4522; Actual as on 31st December 2006 (Rs. in lakhs) :- 2307, (E) Debt Repayment; Utilisation as projected in the Prospectus (Rs. in lakhs) :- 13275; Actual as on 31st December 2006 (Rs. in lakhs) :- 4724, (F) General Corporate Purposes; Utilisation as projected in the Prospectus (Rs. in lakhs) :- 4195; Actual as on 31st December 2006 (Rs. in lakhs) :- 9297, (G) Issue expenses; Utilisation as projected in the Prospectus (Rs. in lakhs) :- 2059; Actual as on 31st December 2006 (Rs. in lakhs) :- 2078. Total :- Utilisation as projected in the Prospectus (Rs. in lakhs) :- 36328; Actual as on 31st December 2006 (Rs. in lakhs) :- 18770. In view of certain identified and realised savings in certain items of planned uses of the IPO proceeds, the resultant savings have been transferred to General Corporate Purposes. Pending utilisation as at 31st December 2006, balance funds have been placed in term deposits with banks12 Jan · Limited Review Report
Auditor's have conducted the limited review of the unaudited financial results for the quarter ended September 30, 2006. A copy of the Limited Review Report and the clarification made by the Company in respect of the observations in the limited review report shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements). For more details click here.4 Jan · Board meeting
Inter-alia, to consider and take on record the Unaudited Financial Results of the 2nd Quarter / Half Year ended 31st December, 2006.